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Connaught Road, Derby, DE22

East Midlands

£599,500
Listed on 16/02/2026

Property Details

Bedrooms
5
Type
Detached house

Description

This impressive six-bedroom Edwardian property offers a remarkable opportunity for investment and renovation. Spanning 3,358 sq ft over four levels, this substantial home retains many original features while being well-suited for modern family living. The residence includes features like intricate period detailing and versatile living areas, making it an ideal candidate for further enhancement. The property boasts a commendable EPC rating of C, reflecting the effectiveness of recent upgrades and offering both character and energy efficiency. An added advantage is the inclusion of two garages and a workshop, which has received planning permission for conversion into business offices with a residential flat above—perfect for those looking to create additional income opportunities or workspace. The layout includes grand reception areas, including a well-appointed dining kitchen that combines character with practicality. Additionally, the cellars provide useful storage or potential for future development. Outside, the sizeable garden offers mature landscaping with ample parking available on the extensive driveway. This expansive plot presents further possibilities for outdoor enhancements or extensions if desired. This property is not only a charming family home but also an enticing project for investors looking to capitalize on its development potential.

Investment Analysis

(DE22 area)
Area Average
£255/sq ft
Avg Rent (weekly)
£192
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£65,000 - £95,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
59%
Properties sold annually

Local Market Trend (DE22)

Area prices are rising by +7.2% over the last 12 months
3 year growth: +14.2%
5 year growth: +30.4%
Investment Disclaimer: Analysis based on DE22 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Connaught Road, Derby, DE22
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Mortgage Calculator

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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,162
Based on a loan of £449,625 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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